Do you think the era of paper money is diminishing?

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[gribble]

Seriously paper money is beginning to seem less value as many people now move and do almost anything that paper money can do true online. In some developed areas in some of these developed countries, you virtually make any transaction without paper money.

Yes, I agree with what you say, that the existence of paper money has now begun to decrease, even though banknotes are still very much needed today, but now there are many places to buy and sell that almost make everyone use digital transactions and without using banknotes . so if the time has come, I think the paper money will be completely abandoned, and everything will move to digital money.

[Alcor]

The era of the paper money is gradually vanishing, no doubts about that. It appears cumbersome in the physical wallet of people especially when carrying a huge sums around. People's attention is gradually shifting to the digital currencies because of convenience. Cryptocurrency will definitely turn to be the master of all digital currencies due to its fast and transparent transactions.

This is all exaggeration. Paper money, although slightly reduced in volume when used, will continue to be used in the distant future. I do not think that one of the major drawbacks of cash is their heaviness when wearing. Nobody pounds cash with you. Digital money can not replace the national money of the state, because they can not have interaction with the economy of any state.

[Butuhusaha]

if I think that's right, bro. moreover the population and people are increasing. so paper money is not enough if they withdraw all their money. therefore with the existence of cryiptocurrency. will help meet their needs

[lavoncoin88]

The era of the paper money is gradually vanishing, no doubts about that. It appears cumbersome in the physical wallet of people especially when carrying a huge sums around. People's attention is gradually shifting to the digital currencies because of convenience. Cryptocurrency will definitely turn to be the master of all digital currencies due to its fast and transparent transactions.

Its to early to say that, like now crytocurrwncy is in deep and bleeding at the market. Maybe it recover but getting out papaer money in the scene is very imposible.

[pelana vreo]

It will definitely happen but not for now, because we still need banknotes and crypto as an online payment system, if the payment system in every country legalizes crypto I think that will happen, paper money will decrease because some countries have digital currencies for the system payment

[Leebarnes]

the inflation rate of fiat is very high because authority can print anytime if the or the circulation of fiat is very low unlike in crypto the supply is limited and the transaction is fast and secure.

[deenar]

The era of the paper money is gradually vanishing, no doubts about that. It appears cumbersome in the physical wallet of people especially when carrying a huge sums around. People's attention is gradually shifting to the digital currencies because of convenience. Cryptocurrency will definitely turn to be the master of all digital currencies due to its fast and transparent transactions.

Yes I think It will happen at the coming future. The era paper money will diminish. Digital era will come soon.

[PhiliPPs]

Yes that's right.  The time will come and we will forget about paper money, because all technologies go to this, namely, to create a cashless payment for any services!

[napster]

With respect to whitepaper which Satoshi Nakamoto wrote, I want to believe that people will understand the obstacles of paper money and transform it to the digital money.